🟢 #ETH Short Liquidation Reminder
The Ethereum (ETH) market has just experienced a significant short liquidation event. The liquidation amount was approximately $34.607K, with the liquidation price at $3126.45. This indicates that near this price level, some bearish ETH traders were forced to close their positions due to price reversals. Short liquidations typically suggest a strong buying force in the market in the short term and may trigger rapid price increases. For traders, such liquidation data can help in assessing market sentiment and potential trend changes. Currently, ETH volatility is increasing, and investors are advised to closely monitor key support and resistance levels, manage positions wisely, ensure risk management, avoid emotional trading, and follow the market trend. $ETH
